NOT LISTED FOR SALE

204-206 Witherspoon St Princeton, NJ 08542

Estimated Value: $1,059,800 - $1,104,000

-- Bed
-- Bath
1,984 Sq Ft
$542/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $640,000 $323 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,815/month

Highlights

  • Wood Flooring
  • No HOA
  • Hot Water Heating System
  • Johnson Park School Rated A+
  • En-Suite Primary Bedroom
  • Wood Siding

About This Home

As of November 2014

Great investment property in a burgeoning area of town. Duplex (both presently rented) just blocks from Palmer Square, Nassau St, Princeton U., the Princeton library. Close to major transportation routes. At least two-plus parking spaces, yard, possible commercial zoning. Sit on the front porch and enjoy the view. Newer furnace (within 5 years). Basic, older property that needs updating. Great potential. Bring in all offers.

Last Agent to Sell the Property

Maureen Troiano

(609) 240-7554 maureen.troiano@cbmoves.com Coldwell Banker Residential Brokerage - Princeton License #562485 Listed on: 10/10/2014

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Maureen Troiano

(609) 240-7554 maureen.troiano@cbmoves.com Coldwell Banker Residential Brokerage - Princeton License #562485 Listed on: 10/10/2014

Coldwell Banker Residential Brokerage - Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,923

Year Built

  • Built in 1900

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Property is in below average condition

Parking

  • 3 Open Parking Spaces

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,984 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Laundry in unit

Schools

  • Community Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 14-00015 01-00024

Community Details

Overview

  • No Home Owners Association
  • Abbott Commons Subdivision

Building Details

  • Operating Expense $10,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,923

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Washer/Dryer Combo In Both Units.
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Great investment property in a burgeoning area of town. Duplex (both presently rented) just blocks from Palmer Square, Nassau St, Princeton U., the Princeton library. Close to major transportation routes. At least two-plus parking spaces, yard, possible commercial zoning. Sit on the front porch and enjoy the view. Newer furnace (within 5 years). Basic, older property that needs updating. Great potential. Bring in all offers.
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 1984
  • Living Area Sq Ft: 1984
  • Price Per Sq Ft: 322.58
  • Above Grade Finished Sq Ft: 1984
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 204-206

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 183900.00
  • Land Assessed Value: 316000.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Below Average
  • Zoning: RB

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2138683
  • Tax Annual Amount: 10923.00
  • Assessor Parcel Number: 14-00015 01-00024
  • Tax Lot: 00024
  • Tax Year: 2014
  • Close Date: 11/21/2014

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Nov 20, 2014
Sold by
Wang Hsuan Hulbert and Wang Hsuan Catherine
Bought by
206 Spoon Llc
Seller's Agent
Maureen Troiano
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Maureen Troiano
Coldwell Banker Residential Brokerage - Princeton
List Price
$640,000
Sold Price
$640,000
Current Estimated Value
$1,075,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,267
Avg. Annual Appreciation
5.59%
Original Mortgage
$500,000
Outstanding Balance
$384,124
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$771,292
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
206 Spoon Llc $640,000 Agent For Stewart Title Guar
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 206 Spoon Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $640,000 0.0% $323 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $640,000 0.0% $323 / Sq Ft
08/01/2013 08/01/13 Rented $1,600 0.0% --
06/24/2013 06/24/13 Under Contract -- -- --
03/04/2013 03/04/13 For Rent $1,600 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,376 $502,300 $316,000 $186,300
2024 $12,628 $502,300 $316,000 $186,300
2023 $12,628 $502,300 $316,000 $186,300
2022 $12,216 $502,300 $316,000 $186,300
2021 $12,251 $502,300 $316,000 $186,300
2020 $12,156 $502,300 $316,000 $186,300
2019 $11,915 $502,300 $316,000 $186,300
2018 $11,658 $499,900 $316,000 $183,900
2017 $11,498 $499,900 $316,000 $183,900
2016 $11,318 $499,900 $316,000 $183,900
2015 $11,058 $499,900 $316,000 $183,900
2014 $10,923 $499,900 $316,000 $183,900
Source: Public Records

Agents Affiliated with this Home

  • Maureen Troiano

    Seller's Agent in 2014

    Maureen Troiano

    Coldwell Banker Residential Brokerage - Princeton

    (609) 240-7554

    1 in this area

    20 Total Sales

    Maureen Troiano
    Section Image
  • Barbara Mosquera

    Buyer's Agent in 2013

    Barbara Mosquera

    Weichert Corporate

    (917) 750-4424

    10 in this area

    20 Total Sales

    Barbara Mosquera
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003114846

Bright MLS

APN: 14-00015-01-00024

New Jersey Mercer County Princeton 08542

204-206 Witherspoon St, Princeton, NJ

This home is located at 204-206 Witherspoon St, Princeton, NJ 08542 since 10 October 2014 and is currently estimated at $1,075,267, approximately $541 per square foot. This property was built in 1900. 204-206 Witherspoon St is a home located in Mercer County with nearby schools including Johnson Park School, Princeton Middle School, and Princeton High School.

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